"The central bank raised interest rates to choke off inflation."
In older engines, the "choke" lever chokes off the air intake to the carburetor to help the engine start in cold weather. Figurative/General Usage Definition: To abruptly end a sound, voice, or action. choke off
A lifethreatening situation requiring immediate first aid like the Heimlich maneuver . "The central bank raised interest rates to choke